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27/06/2021
18/05/2021
After years of deadlock, the Pakistani government and K-Electric (KE) have finally agreed to sell the company to Shanghai Electric Power (SEP).
According to Arab News, the long-running payment dispute has finally been resolved, with corporate executives confirming the news on Sunday.
The KE representatives met with an inter-ministerial committee on Sunday to discuss the remaining issues. “I am delighted to report that the Federal Government and KE have today agreed-upon principles to resolve most of their long-standing disagreements about additional supply, payment methods, and subsidy disbursements,” Energy Minister Hammad Azhar said on Twitter on Sunday.
06/05/2021
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